ICIS Blogs : cfo

Moody's worries about the chemical industry

Chemicals & The Economy — Thu, 15 Jan 2009 16:01:08 GMT

Moody's, the global ratings agency, is today forecasting a 70% chance of a U-shaped recession, and a 15% chance of either a V or L-shaped downturn. This broadly agrees with the blog's own view, set out a month ago . Moody's also singles out...(read more)

Survival tips for CFOs

Chemicals & The Economy — Fri, 14 Nov 2008 09:32:34 GMT

The Financial Times series on surviving the downturn focuses this week on CFOs . It includes advice from Feike Sijbesma, CEO of DSM, who suggests that "you need to see how creditable your debtors are, very quickly", and advises that "maintaining...(read more)

CFOs see lending 'drying up'

Chemicals & The Economy — Sat, 13 Sep 2008 15:45:39 GMT

A year ago , Tesco, the UK supermarket giant, were early to see problems ahead in consumer markets. Now, they see problems developing for corporate lending. Last week, Tesco paid €100m more than expected when borrowing €3bn. But Nick Mourtant, group Treasurer...(read more)